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NeuroVive Pharmaceutical (NVP) - R&D progress on track; new investor on board

09:38 EDT 25 Aug 2017 | Edison Investment Research

Edison Investment Research - Pharmaceutical & healthcare - NeuroVive Pharmaceutical: NeuroVive’s recent Q217 report described R&D activities progressing according to plan. The company is preparing for the next clinical studies with the two most advanced assets – NeuroSTAT for traumatic brain injury and KL1333 for genetic mitochondrial disorders. With regard to the portfolio for out-licensing, NeuroVive indicated that discussions with potential partners for NV556 (NASH and liver tumours) will be initiated in the autumn, although partnering is usually a rather lengthy process. We value NeuroVive at SEK1.4bn (SEK27.0/share) vs SEK1.5bn previously.
ISIN: SE0002575340

Original Article: NeuroVive Pharmaceutical (NVP) - R&D progress on track; new investor on board

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